Amazon is in talks to acquire Israeli-founded artificial intelligence startup Decart in a deal that could be worth about $7 billion, The Wall Street Journal reported. The deal could be finalized soon, provided the negotiations do not collapse, as happened in recent months with Nvidia and Anthropic, which had also expressed interest in acquiring the company.
San Francisco-based Decart develops software that makes it easier for developers to switch between different AI chips, a capability that is becoming increasingly important as companies compete to secure computing power.
Decart founders, from right, Orian Leitersdorf, Dean Leitersdorf and Moshe Shalev(
(Photo: Amit Elkayim)
The company has raised more than $400 million from venture capital firms, including Sequoia Capital, Benchmark and Radical Ventures. In May, it was valued at nearly $4 billion.
Decart was founded in 2023 by three Israeli engineers: brothers Dean and Orian Leitersdorf and Moshe Shalev. Alongside its chip-related software, the company is developing other AI models, including Lucy and Oasis, capable of generating and simulating three-dimensional environments based on the real world.
Amazon has developed its own AI chip, Trainium 3, to compete with Nvidia, which continues to dominate the market for graphics processing units powering the AI boom. According to an earlier Wall Street Journal report, Amazon granted Decart early access to its chip in 2025 after being impressed by the company's founders.